December 15, 2017 10:26 AM ET

Real Estate Management and Development

Company Overview of Cornerstone Properties Pvt. Ltd.

Company Overview

Cornerstone Properties Pvt. Ltd. is a real estate development company in Bengaluru, India. The company focuses on developing and investing in a range of residential, commercial, and retail properties, as well as master planned enclaves. Its development portfolio includes residential plots, residences, gated communities, commercial developments, and integrated townships, as well as hospitality, IT, and retail verticals. The company was incorporated in 2004 and is headquartered in Bengaluru, India.

No. 583

9th Main Road

Off CMH Road

Indiranagar 1st Stage

Bengaluru,  560038

India

Founded in 2004

Phone:

91 80 4333 5999

Fax:

91 80 4333 5959

Key Executives for Cornerstone Properties Pvt. Ltd.

Chief Financial Officer
Director of Land Banking
Director of Projects
Age: 65
Compensation as of Fiscal Year 2017.

Cornerstone Properties Pvt. Ltd. Key Developments

Cornerstone Properties to Restructure the Organization

Cornerstone Properties announced that, it is planning to segregate its business under four verticals as part of a restructuring exercise aimed at stepping up growth at one of the largest landowning companies in the city. As per the restructuring, for which Cornerstone Properties has appointed consultancy firm EY, the company will have separate verticals for development service, land banking, management services and family trust, which will hold all the personal assets of the promoter of the firm. The company plans to launch its maiden project, spread over 950 acres on the outskirts of the city near the international airport. The upcoming project will be developed as a knowledge city, for which the builder will provide the common infrastructure and invite sub developers to develop retail, medical, IT SEZ and office space.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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